Accounting disclosure of division of a firm

This query is : Resolved

sunil pherwani (Querist)
Follow

20 August 2011 Can any one tell me the Accounting Disclosure of the Division of a firm.
My Query Is...
If i have maintained separate accounts for both division & a firm.
Then at time of Preparing the Balance-sheet.
Should I Treat it as a separate Branch & then consolidate the balance-sheet or just shown firm & a single firm balance-sheet.
Plz if anyone have detailed knowledge about it..
Plz reply me ASAP.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

25 August 2011 Based on your books or accounting. if you want to see the profit& loss a/c and Balance sheet branchwise then prepare separately and consolidate

sunil pherwani

sunil pherwani (Querist)
Follow

25 August 2011 THANX SIR FOR YOUR ADVICE

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Nithish Kothari

ANUPAMA L KANT

Fahima Malik

velichety.l.narasimharao

T.N.Reddy

Subscribe Now

Accounting disclosure of division of a firm

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA